Latest News for: Repayment terms

Encouraging companies to come to market to repay debt also has another benefit for banks ... companies borrowed hundreds of billions of dollars of short-term debt from banks beginning in early March, but many have subsequently sold bonds to repay those borrowings, allowing the lenders to make that cash available to other clients....

Notably in March 2020, after the outbreak of Covid 19 virus, RBI as a measure of protecting its people has rolled out the facility on all term loans including credit card debts that became due for repayment on March and the same amid lockdown situation has been extended further by another 3 months until August 31, 2020....

LUANDA. Angola has cut the number of oil cargoes that it will ship to Chinese state firms to pay down debt to Beijing as it seeks to renegotiate repaymentterms to deal with the pandemic fallout, three sources familiar with the matter said ... Unipec typically receives two to three cargoes earmarked as debt repayment ... .......

Various banking institutions also helped 579,000 MSMEs postpone repayments of 55.99 billion yuan in interest on loans that reached their full terms. The CBIRC will urge banking institutions to further delay loan repayments according to the trends of the pandemic and the state of operation of MSMEs ...